danbalsh Posted January 14, 2004 Share Posted January 14, 2004 http://www.macrumors.com/pages/2004/01/20040114172216.shtml :D Link to comment Share on other sites More sharing options...
aristotle-dude Posted January 14, 2004 Share Posted January 14, 2004 http://www.macrumors.com/pages/2004/01/20040114172216.shtml:D That should be $ not pounds. :) Link to comment Share on other sites More sharing options...
Chad Posted January 14, 2004 Share Posted January 14, 2004 May want to correct the thread title. It was 63 million DOLLARS...not 63 million pounds. Seems to be a good profit though...compared to previous terms. Link to comment Share on other sites More sharing options...
Redestium Posted January 14, 2004 Share Posted January 14, 2004 Damn, go Apple. (Y) Link to comment Share on other sites More sharing options...
danbalsh Posted January 14, 2004 Author Share Posted January 14, 2004 D'oh :( could a mod please edit the title :$ Link to comment Share on other sites More sharing options...
Chad Posted January 15, 2004 Share Posted January 15, 2004 You could edit it to say 34,222,420 pounds. :) edit: OR... 100,800,000,000 Venezuelan Bolivars. Now THAT'S a lot of Bolivars Link to comment Share on other sites More sharing options...
isus Posted January 15, 2004 Share Posted January 15, 2004 interesting to note that after what so many people considered one of apple's weakest keynotes, they gain in stock daily. then apple posts a hefty profit, and trading during offhours drops apple stock down 1.20. heh. Link to comment Share on other sites More sharing options...
lexor Posted January 15, 2004 Share Posted January 15, 2004 interesting to note that after what so many people considered one of apple's weakest keynotes, they gain in stock daily. then apple posts a hefty profit, and trading during offhours drops apple stock down 1.20. heh. that's because they prolly expected higher profits, 36 mil ain't that great for big A imho. also the stock went up after keynote, 'couse it brought sort of stability. Not much "revolutionary" means less expenditure on Apple's part, means stable course. Market doesn't care if there is war or peace, all market cares for is that there is certainty of one happening and another not. Link to comment Share on other sites More sharing options...
Hurmoth Posted January 15, 2004 Share Posted January 15, 2004 Go APPLE! Link to comment Share on other sites More sharing options...
the evn show Posted January 15, 2004 Share Posted January 15, 2004 The people buying stock got Apple's stock when it was lower than today's price expecting apple to be profitable. Apple's stock when up and apple made money. Now those people sell the stock they bought to take the profits (todays selling price - purchase price = profit). More people selling stock will drop the price per share: simple supply and demand. It's easy to forget that not everyone is a long-term investor, and stock dropping slightly on good news is fairly normal for apple as the short-term investors sell shares to make a few dollars. Apple beat expectations by 2c per share and i think that's good news. Also, I'm willing to bet some people were a little upset to here the prediction about a 10% decrese in earnings next quarter and unloaded a few shares. Link to comment Share on other sites More sharing options...
isus Posted January 16, 2004 Share Posted January 16, 2004 that's because they prolly expected higher profits, 36 mil ain't that great for big A imho.also the stock went up after keynote, 'couse it brought sort of stability. Not much "revolutionary" means less expenditure on Apple's part, means stable course. Market doesn't care if there is war or peace, all market cares for is that there is certainty of one happening and another not. considering your sig, i'll let off the fact that you have no idea that a $63 million profit for apple is a nice chunk o' change. btw: Why choose WindowsXP? 1) Superior operating system technology (osx uses unix. unix is better) 2) The ability to recover your work (i don't use it, i wouldn't know.) 3) System memory protection (and yet my xp install still bsod's) 4) The Encrypting File System (assuming you don't use fart32) 5) NTFS file system offers better compression for storage (see above) 6) Rapid return on investment (what the hell are you talking about?) 7) Windows XP Crash-Free in Tests (tests and real life are two different things, see #3) Link to comment Share on other sites More sharing options...
isus Posted January 16, 2004 Share Posted January 16, 2004 The people buying stock got Apple's stock when it was lower than today's price expecting apple to be profitable. Apple's stock when up and apple made money. Now those people sell the stock they bought to take the profits (todays selling price - purchase price = profit). More people selling stock will drop the price per share: simple supply and demand. It's easy to forget that not everyone is a long-term investor, and stock dropping slightly on good news is fairly normal for apple as the short-term investors sell shares to make a few dollars. Apple beat expectations by 2c per share and i think that's good news.Also, I'm willing to bet some people were a little upset to here the prediction about a 10% decrese in earnings next quarter and unloaded a few shares. "Also, I'm willing to bet some people were a little upset to here the prediction about a 10% decrese in earnings next quarter and unloaded a few shares." i didn't see this part, but just from what you said i have this to say: why are people upset about this? it's not christmas shopping season anymore, profits drop for everybody... Link to comment Share on other sites More sharing options...
the evn show Posted January 16, 2004 Share Posted January 16, 2004 The 10% decrease next quarter is listed as either a note in the filings or was an answer to the question. The battlefront forum at arstechnica has the details on the 2nd or third last page if you want to look up the exact source. Why are people upset? "We pulled down 63 million this quarter, but we're only planning to do 56 next quarter." Nobody likes to here that profits aren't going to be as good next quarter. Nobody wants to hear that. Of course I don't do stocks - I'm a designer and programmer by trade. About the only thing that gives me any authority is that I'm middle class. Link to comment Share on other sites More sharing options...
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